What was one key outcome of the Trade Act of 2002?

The Trade Act of 2002 had a significant outcome in expanding the Andean Trade Preference Act, which was established to promote economic development and cooperation in the Andean region of South America. By enhancing the benefits of this act, the Trade Act allowed countries like Colombia, Peru, Ecuador, and Bolivia to export goods duty-free to the United States, thus incentivizing trade and economic growth in these developing nations.

The expansion aimed to support these countries in combating drug trafficking by providing legal economic alternatives. It helped to strengthen trade relationships between the U.S. and the Andean region while contributing to regional stability and development.